Acorah Software Products - Accounts Production 19.2.350 false true 31 March 2025 1 April 2024 false 1 April 2025 31 March 2026 31 March 2026 13947857 Mr Gavin Makowski Mrs Sharmani LANGLEY iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 13947857 2025-03-31 13947857 2026-03-31 13947857 2025-04-01 2026-03-31 13947857 frs-core:CurrentFinancialInstruments 2026-03-31 13947857 frs-core:ShareCapital 2026-03-31 13947857 frs-core:RetainedEarningsAccumulatedLosses 2026-03-31 13947857 frs-bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 13947857 frs-bus:FilletedAccounts 2025-04-01 2026-03-31 13947857 frs-bus:SmallEntities 2025-04-01 2026-03-31 13947857 frs-bus:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 13947857 frs-bus:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 13947857 frs-bus:Director1 2025-04-01 2026-03-31 13947857 frs-bus:Director2 2025-04-01 2026-03-31 13947857 frs-countries:EnglandWales 2025-04-01 2026-03-31 13947857 2024-03-31 13947857 2025-03-31 13947857 2024-04-01 2025-03-31 13947857 frs-core:CurrentFinancialInstruments 2025-03-31 13947857 frs-core:Non-currentFinancialInstruments 2025-03-31 13947857 frs-core:ShareCapital 2025-03-31 13947857 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31
Registered number: 13947857
Lanmak Property Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
Accufy Accounting
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 13947857
2026 2025
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 2,070,000 2,225,000
2,070,000 2,225,000
CURRENT ASSETS
Debtors 5 - 1,912
Cash at bank and in hand 47,878 11,105
47,878 13,017
Creditors: Amounts Falling Due Within One Year 6 (1,957,147 ) (2,077,645 )
NET CURRENT ASSETS (LIABILITIES) (1,909,269 ) (2,064,628 )
TOTAL ASSETS LESS CURRENT LIABILITIES 160,731 160,372
PROVISIONS FOR LIABILITIES
Deferred Taxation 7 (38,809 ) (26,364 )
NET ASSETS 121,922 134,008
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 121,822 133,908
SHAREHOLDERS' FUNDS 121,922 134,008
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For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gavin Makowski
Director
17/05/2026
The notes on pages 3 to 4 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Lanmak Property Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13947857 . The registered office is 5 Castle Hill Close,, Berkhamsted, HP4 1HR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents amounts receivable for rents and services net of VAT and trade discounts.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Investment Property
2026
£
Fair Value
As at 1 April 2025 2,225,000
Additions 356
Disposals (205,000 )
Revaluations 49,644
As at 31 March 2026 2,070,000
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5. Debtors
2026 2025
£ £
Due within one year
Due after more than one year
Deferred tax current asset - 1,912
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax - 8,041
Directors' loan accounts 1,957,147 1,251,604
Amounts owed to related parties - 818,000
1,957,147 2,077,645
7. Deferred Taxation
Deferred tax arises on revaluation gains and losses on investment properties and is measured using enacted tax rates. The net deferred tax liability at 31 March 2026 is £44,205 (2025: £26,364), representing timing differences on investment property revaluations.
2026 2025
£ £
Other timing differences 38,809 26,364
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
During the year, a loan of £865,000 previously owed to Makowski Associates Limited was transferred to the directors following the liquidation of that company. As part of a members’ voluntary liquidation, the intercompany loan was distributed in specie to the shareholders, resulting in the balance becoming payable directly to the directors in proportion to their shareholdings. The transaction has been accounted for as a reclassification of creditor with no impact on profit or loss.
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